UVXY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.035%

Price spread now: OKX against KuCoin−0.058%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$736as in the Funding arb table

Net, price: spread back to 7d avg − costs−$739as in the Price arb table

costs, in and out, $10k−$7307.300% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$6 on $10k

Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.058%, 7d avg +0.037%

Together, before fees+0.050%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.095% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.037%). If the spread goes back, that is −$9 on $10k: about 12 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UVXYUSDTM	17.200	0.1138	pay 0.1138% / 8h	6h 05m	$151K	$948K	20x
Short	OKX UVXY-USDT-SWAP	17.190	0.1164	get 0.1164% / 8h	6h 05m	$398K	$373K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $5.46
Price spread: −0.058% → +0.037%: −$9.48
Slippage, 4 orders: −$708
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$734.02
Costs to cover: 7.300%
Break-even: 948.7 days

Slippage from KuCoin: live order book, 41 min ago; OKX: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 41 min ago	2.90 bp	352.3 bp −$352	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 43 min ago	5.80 bp	46.5 bp −$47	doesn't fit	doesn't fit	doesn't fit

UVXY on 14 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster UVXYUSDT	0.0000%	8h	17.220	+0.116%	$6K	$1K	20x	as long as short
Gate UVXY_USDT	0.0000%	8h	17.170	−0.174%	$394K	$221K	20x	as long as short
Bitget UVXYUSDT	0.0000%	8h	17.159	−0.238%	$789K	$236K	20x	as long as short
SunX UVXY-USDT	0.0000%	8h	17.190	−0.058%	$1K	$339K	10x	as long as short
Phemex UVXYUSDT	0.0000%	8h	17.200	0.000%	$1.2M	$126K	10x	as long as short
HTX UVXY-USDT	+0.0052%	8h	17.230	+0.174%	$11K	$3K	10x	as long as short
Bybit UVXYUSDT	+0.0189%	8h	17.200	0.000%	$1.1M	$179K	25x	as long as short
KuCoin UVXYUSDTMlong	+0.1138%	8h	17.200	long leg	$151K	$948K	20x
OKX UVXY-USDT-SWAPshort	+0.1164%	8h	17.190	−0.058%	$398K	$373K	20x
Variational Omni UVXY	+0.1522%	8h	17.191	−0.053%	$97K	$6K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin UVXY-USDT	+0.1583%	8h	17.190	−0.058%	$63K	$4K	20x	as long as short
MEXC UVXY_USDT	+0.1596%	8h	17.180	−0.116%	$881K	$87K	20x	as long as short
Binance UVXYUSDT	+0.1600%	8h	17.193	−0.040%	$2.1M	$1.7M	20x	as long as short
GRVT UVXY_USDT_Perp	+0.2162%	8h	17.192	−0.046%	$6K	$145K	10x	as long as short